Research that is free to access for all investors. Companies commission these providers to write research about them.
Brokers who write research on their corporate clients and make it available through our main bundle offering.
Research that is paid for directly by asset managers. Only accessible to institutional investors permissioned for access.
Event in Progress:
Discover the latest content that has just been published on Research Tree
Walmart finished the year on a high note with an all-around beat. The company increased global sales by $38 billion for the fiscal year of 2023. They also surpassed $600 billion in revenue. E-commerce currently accounts for more than $80 billion in global sales. Walmart U.S. saw a more than $27 billion increase in sales. International had another excellent year with sales and earnings growth of around 9%, excluding divestitures, restructuring, and currency. Sam's Club U.S. also increased sales b
Companies: Wal-Mart Stores (WMT:NYSE)Walmart Inc. (WMT:NYS)
Baptista Research
Walmart’s stock has climbed to a new high after the company delivered strong results and surpassed Wall Street expectations in terms of revenues as well as earnings. In Q3, strong sales were achieved in each of its segments and its U.S. comparable sales increased sequentially by 8.2% thanks to higher average ticket sizes and more transactions. Walmart International experienced strong constant currency sales growth of 13.3%, driven primarily by Flipkart and Walmex, while Sam's Club USA posted dou
Like most other retailers, Walmart faced the impact of food inflation which continued to increase in the quarter. The company did deliver an all-around beat in the result. The aggressive approach taken by the management to move via apparel has put financial pressure on the company but also helped relieve pressure through its supply chain and stores. Walmart is making good progress in reducing costs and the number of shipping containers. Delivery and pickup in the quarter are quite strong, and gr
Walmart had a mixed quarterly result with the company beating Wall Street expectations in terms of total sales but missing out on earnings. While the management has seen high levels of inflation in their international markets over the years, inflation in the United States is unusually high and moving so quickly in food and general merchandise which is what caused the earnings miss. Walmart executed well across all markets during the past quarter but the Covid-19 lockdowns in China have put them
Walmart had a successful 2021 with continued tailwinds from the pandemic, revenue momentum from digitization, international expansion, and new ventures. In the U.S. market, the company continued to gain market share in food and consumables, with positive comparable transactions. The fourth wave of the Covid-19 might also provide some near-term tailwinds to the company though the pandemic has had its fair share of disadvantages for Walmart. The company faced rising Covid-19 costs as an unexpected
Walmart had another successful year, with a strong fourth quarter and positive momentum heading into 2022. The company also had another strong performance in terms of Walmart International, with significant progress in expanding the global footprint of the world’s largest retailed. In the United States, they continued to gain market share in food and consumables, with positive comparable transactions. The fourth wave of the Covid-19 might also provide some near-term tailwinds to the company. The
Walmart had fairly good quarter, with sales up 10.3% and profit up even higher at 17.5%, excluding divestitures and currency. Its strong momentum continued in the third quarter, with strong sales and profit growth in each segment while they accelerated their strategic priorities. Despite various macroeconomic and industry challenges, their inventory position is strong. The company's stores and fulfilment centres are well-staffed, and its pricing remains competitive. Except for divestitures, all
Walmart had another rock solid quarter with a revenue growth of 7.6% in constant currency and a staggering 24.1% growth in operating income at constant currency. Moreover, Walmart Connect, their advertising business in the United States, more than doubled in size as compared to the prior-year quarter, with more than 170% growth in active advertisers. The management provided a series of interesting updates with respect to various innovative initiatives. Their latest investments aim to increase as
Research Tree provides access to ongoing research coverage, media content and regulatory news on Walmart Inc.. We currently have 11 research reports from 5 professional analysts.
Topps Group is the UK’s largest specialist supplier and distributor of tiles and associated products to the UK’s domestic and commercial markets. Each of the last three years the Group has successfully achieved record revenue in a market that’s seen recent volume declines and regional peers enter administration. Following the right sizing of its business, Topps Group is now well positioned to capitalise on the economic recovery and continue taking share from competitors, supported by its global
Companies: Topps Tiles Plc
Zeus Capital
HeiQ reported its interim results for the 12-months to December 2023, a period characterised by challenging conditions in the markets in which the company currently operates. In-line with the recent trading update, the company reported revenues of $41.7m for FY23 and closed the period with a cash balance of c$10m and a net debt position of $2.2m. We have updated our forecasts to reflect the FY23 results and HeiQ’s outlook in 2024, leaving our revenue forecast unchanged but adjusting gross margin
Companies: HeiQ PLC
Cavendish
Pinewood Technologies’ results for the 13 months to 31 January 2024 confirmed good growth in user numbers, revenue and operating profit for the continuing automotive software business. Our unchanged forecasts (see 6 March research) show strong revenue growth, high margins, and good cash generation over the period to FY26 as the Group executes its accelerated growth plan. As of Tuesday this week, Pinewood’s shares are ex-dividend and a 1-for-20 share consolidation is effective, meaning our discou
Companies: Pinewood Technologies Group PLC
Companies: 88E CNC FTC TRCS HEIQ CREO ZAM
Companies: Tortilla Mexican Grill Ltd.
Liberum
24th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: 16 April 2024: Electric Guitar (ELEG.L) Concurrent with its Admission to trading on AIM, Electric Guitar is proposing to acquire the entire issued share capital of 3radi
Companies: FTC AGL SRT SOU G4M AOM SUP
Hybridan
At its FY23 results in June 2023, G4M announced its intention to focus on product margins, overhead cost reduction, and efficiency ahead of revenue growth, along with further net debt reduction, in FY24. The FY24 year-end trading update confirms G4M has delivered on these rebalanced priorities, with gross margin rising and net debt almost halving compared with FY23. Cost savings achieved in FY24 and the continued development of higher-margin categories should deliver further upside in FY25E.
Companies: Gear4music (Holdings) PLC
Progressive Equity Research
React Group has released a positive update that has confirmed that the strong 2H 2023A momentum has continued into 1H 2024E, with what was described as a ‘record trading performance'.
Companies: REACT Group Plc
Dowgate Capital
PPHE has released its usual Q1 trading update (31 March period-end) which reads reassuringly. The outlook says that “the Board remains confident in delivering full year performance in line with market expectations”. Revenue rose by 11.9%, from £68.8m to £77.0m. Growth was 11.0% on a Like-for-like (LFL) basis excluding the first three months of operation from art’otel Zagreb, Croatia. Revenue growth was driven by a rise in occupancy as room rates continued to normalise across both leisure, corpo
Companies: PPHE Hotel Group Limited
H2 Radnor
Companies: JDW MAB MARS WTB FSTA BOWL CPG SSPG LGRS SSTY OTB HSW TMO GYM MEX
25th April 2024 * A corporate client of Hybridan LLP ** Arranged by type of listing and date of announcement *** Alphabetically arranged **** Potential means Intention to Float (ITF) has been announced Dish of the day Admissions: Delistings: Smart Metering Systems (SMS.L) has delisted from the AIM market What’s baking in the oven? ** Potential**** Initial Public Offerings: Reverse Takeovers: 16 April 2024: Electric Guitar (ELEG.L) Concurrent with its Admission to trading on AIM, Electric Guitar
Companies: SKL CAM HRN VNET NBB DEST ZIN CRCL
Pinewood’s transition to a pure-play automotive SaaS business is now largely complete. Today we introduce summary forecasts out to FY26 and reiterate the investment case. We see significant opportunity for Pinewood to grow its user base in the UK and internationally whilst generating high EBITDA margins and cash conversion. With a 24.5p special dividend embedded in the current price (payable Q1/Q2), the effective price today is 12.3p. Based on the Group’s FY27 target of £27m EBITDA, we estimate
Vertu is the fourth largest automotive retailer in the UK, with 188 sales outlets and a track record of cross-cycle growth, principally through businesses it has acquired, funded by equity, debt and most importantly cash generation. Vertu operates across the entire vehicle lifecycle, including new and used vehicle sales, and vehicle servicing, repair and parts. Service and repair is a 40+% gross margin repeating business. With economic headwinds, the transition to electric vehicles, recent overs
Companies: Vertu Motors PLC
On 9 January last year, we set out our ten top stock picks for 2023, for what turned out to be another relatively poor twelve months for UK equities due to two wars, stubbornly high inflation and further tightening of monetary policy. This was even as other major markets, such as the US, largely recovered in the year. In the 2023 calendar year, the AIM All-Share index fell 8.2% and is still 42% off its 2021 high. From the release of our 2023 top picks note, the average total return (assuming div
Companies: PTAL GHH IGP MSLH PINE NXQ EQLS NXR AXL
Domino’s Pizza Group’s (DOM’s) new CEO has set an ambitious long-term growth target, including an acceleration in its net store opening programme. With better alignment between the company and its franchisees, management believes DOM should be capable of generating improved profit growth, versus that achieved in recent years, and potential higher returns.
Companies: Domino's Pizza Group plc
Edison
Share: